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Far East Organization is the largest private real estate developer in Singapore. [ 1 ] [ 2 ] Founded in 1960 by Ng Teng Fong , [ 3 ] [ 4 ] the company has businesses in property development, retail, hospitality, [ 5 ] and food and beverage [ 6 ] brands in Asia and Australia.
Far East Orchard Limited (abbreviation: FEOR), formerly known as Orchard Parade Holdings Limited, has been listed on the Mainboard of the Singapore Exchange since 1968. It is a member of Far East Organization , [ 1 ] Singapore 's largest private property developer.
The company was incorporated in Singapore on 16 December 2004 as a private limited company under the name Old Chang Kee Singapore Pte Ltd. On 22 November 2007, the Company changed its name to Old Chang Kee Ltd. in connection with its conversion into a public company limited. The company was listed on 16 January 2008 on Catalist-NS. [5]
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Ng Teng Fong, the founder of Far East Organization, foresaw the shifting taste for better shopping and dining choice and envisioned the need for a 'vibrant main shopping street' in Singapore. Thus, Far East Organization became the first to venture into the development of Orchard Road, starting off with Far East Shopping Centre in 1974, followed ...
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Ng is married to Yeoh Saw Kheng who is the third daughter of Yeoh Ghim Seng, the former Speaker of the Parliament of Singapore. [19] Robert Ng is a staunch Christian and refers to Far East Organization as a Christian enterprise. [20] Ng's eldest son Daryl Ng Win Kong was born in Hong Kong in 1978 but holds Singaporean citizenship. [21]